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Beyond Compliance: Top Supplier Diversity Programs Aim to Broaden Value Proposition | The Hackett Group

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Supplier diversity is evolving from a check-the-box, corporate social-responsibility requirement to a strategic enabler for the procurement function. Top-performing organizations studied by The Hackett Group apply supplier diversity tenets to new areas such as supplier partnering, reputation management and global expansion. Our research has found that the most successful organizations take their cues from high up in the company, where commitment to enterprise-wide diversity begins. We have also identified several trends in supplier diversity where procurement organizations have significant opportunity for added benefit.

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